Dhaka, Bangladesh (BBN) – The Board of Directors of the MJL Bangladesh Limited has approved to purchase commercial plot measuring 6.75 kathas in Chittagong worth BDT 120 million and 8.0 acres in Dhaka worth BDT 102 million, an announcement has said.
In Chittagong, including the existing building structure at Halishahar Housing Estate for its corporate office and in Dhaka for its LPG Satellite Filling, Bottling Station and Manufacturing Plant of LPG cylinder and drums, it said on Thursday.
MJL Bangladesh Limited, joint venture Company between state owned Jamuna Oil Company and EC Securities Limited.
“The journey of blending world-class lubricants in Bangladesh started in 1998 when Mobil Corporation decided to set up Mobil Jamuna Lubricants Limited in partnership with the state owned Jamuna Oil Company Limited,” the company said.
BBN/SSR/AD-02Dec11-11:41 pm (BST)